6-K

UNITED STATES **** SECURITIES AND EXCHANGE COMMISSION **** Washington, D.C. 20549 ****

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2025

Commission File Number 1-32135

SEABRIDGE GOLD INC. (Name of Registrant)

106 Front Street East, Suite 400, Toronto, Ontario, Canada M5A 1E1(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [   ]          Form 40-F [X]

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

EXHIBITS

Seabridge Gold Inc.: Exhibit 99.1 - Filed by newsfilecorp.com

News Release

Seabridge Gold Files First Quarter Financial Statements and MD&A

Toronto, Canada... Seabridge Gold (TSX:SEA, NYSE:SA) announced today that it has filed its Interim Financial Statements and Management's Discussion and Analysis for the three-month period ended March 31, 2025 on SEDAR+ (httpswww.sedarplus.ca). These statements are also available on Seabridge's website at https://www.seabridgegold.com/investors/financial-reports.

Seabridge's Q1 2025 Report to Shareholders can be found here.

Recent Highlights

• Secures US$100 million in new financings including US$20 million from a strategic investor
• 2025 field programs underway at KSM
• Issues 2024 report card and 2025 corporate objectives
• BC Government files responses to petitions challenging KSM's substantially started designation
• Fully funded exploration programs planned at Iskut and 3 Aces
• Gold price hits all-time high at US$3,500 per ounce

Financial Results

During the first quarter of 2025, Seabridge posted net earnings of $10.6 million ($0.11 per share) compared to a net loss of $8.2 million ($0.09 per share) for the same period in 2024. During the first quarter of 2025, Seabridge invested $14.3 million in mineral interests, property and equipment compared to $39.3 million invested in the first quarter of 2024. The working capital position increased by $110.9 million, from $37.8 million on December 31, 2024 to $148.7 million on March 31, 2025.

Seabridge holds a 100% interest in several North American gold projects. Seabridge's assets include the KSM and Iskut projects located in northwest British Columbia, Canada's "Golden Triangle", the Courageous Lake project located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit Seabridge's website at http://www.seabridgegold.com.

None of the Toronto Stock Exchange, New York Stock Exchange, or their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Rudi P. Fronk, Chairman and C.E.O.

Tel: (416) 367-9292  •  Fax: (416) 367-2711

Email:  [email protected]

106 Front Street East, Suite 400, Toronto, ON M5A 1E1, Canada 416-367-9292   www.seabridgegold.com